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Jasmine Pennic | HIT Consultant

MacroHealth Acquires Foundational Pharmacy Strategies to Tackle Rising Pharmacy Costs

by Jasmine Pennic 06/05/2025 Leave a Comment

MacroHealth Acquires Foundational Pharmacy Strategies to Tackle Rising Pharmacy Costs

What You Should Know:  - MacroHealth, a healthcare technology company known for its intelligent healthcare marketplace connecting health payers and vendor partners, today announced its acquisition of Foundational Pharmacy Strategies (FPS). Financial details of the acquisition were not disclosed.  - FPS is an organization dedicated to managing pharmacy drug spend and developing cost-effective pharmacy solutions for benefit advisors and employer groups. This strategic move
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FDA Approves Drug-Free AI-Powered Wearable for Nasal Congestion for Kids

by Jasmine Pennic 06/04/2025 Leave a Comment

FDA Approves Pediatric Drug-Free AI-Powered Wearable for Nasal Congestion

What You Should Know:  - SoundHealth, a medical technology company leveraging artificial intelligence and medical science, recently announced it has received U.S. Food and Drug Administration (FDA) approval for pediatric use of its SONU Band.  - The AI-enabled wearable device is now cleared as the first FDA-approved, drug-free solution for treating moderate to severe nasal congestion due to allergic and non-allergic rhinitis in children aged 12 and up, offering a safe alternative
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Virta Health Launches Cost Guarantee for GLP-1s & Weight Loss

by Jasmine Pennic 06/04/2025 Leave a Comment

Virta Health Launches Cost Guarantee for GLP-1s & Weight Loss

What You Should Know:  - Virta Health, a provider of sustainable weight loss and diabetes reversal through a nutrition-first approach, today announced industry-first cost guarantees for its weight loss program.  - These guarantees aim to eliminate financial risk for employers and health plans by ensuring Virta’s program pays for itself while also reining in the escalating costs associated with GLP-1 medications, which are reportedly rising 70–200% annually across the industry.
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Lucet Acquires Value-Based Medical Group Emcara Health

by Jasmine Pennic 06/03/2025 Leave a Comment

Lucet Acquires Value-Based Medical Group Emcara Health

What You Should Know:  - Lucet, a behavioral health company providing tech-enabled services to health plans, employers, and providers, today announced its acquisition of Emcara Health (previously PopHealthCare, a GuideWell Company). Financial details of the acquisition were not disclosed.  - Emcara Health is a national, value-based medical group focused on delivering home-based care to clinically complex and high-risk populations. This strategic acquisition is set to address the
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Zelis Acquires Medxoom Assets from Allied Benefit Systems

by Jasmine Pennic 06/03/2025 Leave a Comment

Zelis Acquires Medxoom Assets from Allied Benefit Systems

What You Should Know:  - Zelis, a provider of healthcare technology solutions announced its acquisition of the assets of Medxoom, a mobile-first member experience platform, from Allied Benefit Systems, LLC, the largest independent third-party administrator (TPA) in the United States. Financial details of the acquisition were not disclosed.  - Zelis plans to enhance this vendor-agnostic platform and reintroduce it as a solution for health plans and TPAs, aiming to offer a
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Sutter Health Receives $110M Philanthropic Gift to Expand Care and Innovation

by Jasmine Pennic 06/03/2025 Leave a Comment

Sutter Health Study Finds Ambient AI Reduces Documentation Time

What You Should Know:  - Sutter Health today announced it has received an unprecedented $110M philanthropic gift from a long-standing anonymous donor—the largest single donation in the not-for-profit health system’s history.  - The historic contribution is set to accelerate Sutter Health’s strategic expansion and innovation initiatives, reinforcing its vision to deliver high-quality, comprehensive, and accessible care to communities across Northern California. A Transformative
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Swedish Femtech Venture Studio Daya Ventures Raises Capital for Global Expansion

by Jasmine Pennic 06/02/2025 Leave a Comment

Swedish Femtech Venture Studio Daya Ventures Raises Capital for Global Expansion

What You Should Know:  - Daya Ventures, a Swedish venture studio that has rapidly established itself by building femtech companies from scratch, today announced the first close of its ongoing funding round.  - The company has successfully secured SEK 2 million of a total targeted SEK 8 million, with investments from high-profile backers from both Wall Street and Europe. The capital injection is earmarked to scale Daya's proven model of creating an "Ecosystem for Women's Health"
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Oxford Cancer Biomarkers and Mira Precision Health Partner to Advance ToxNav® Cancer Test

by Jasmine Pennic 06/02/2025 Leave a Comment

Oxford Cancer Biomarkers and Mira Precision Health Partner to Advance ToxNav® Cancer Test

What You Should Know:  - Oxford Cancer Biomarkers Ltd (OCB), a leader in molecular precision cancer diagnostic tests, has today announced a new partnership with Mira Precision Health Inc. - This collaboration aims to advance OCB's proprietary ToxNav® test in the United States, a revolutionary precision oncology tool designed to identify patients at high risk of severe toxicity from common chemotherapy treatments. - Mira Precision Health, headquartered at the Mason 5155 BioHub in
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Noom Launches Free Menopause Education Hub with Tamsen Fadal

by Jasmine Pennic 06/02/2025 Leave a Comment

Noom Launches Free Menopause Education Hub with Advocate Tamsen Fadal

What You Should Know:  - Noom, a digital healthcare company focused on chronic disease prevention launches its new Menopause Education Hub. This free resource aims to help women navigate the complexities of menopause with tools and support developed in partnership with NYT bestselling author, podcaster, filmmaker, and menopause advocate Tamsen Fadal.  - As part of this collaboration, Tamsen Fadal joins Noom as the brand's first-ever Official Menopause Awareness Advocate. The
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Wolters Kluwer Health Acquires IntelliLearn to Expand Online Nursing Education Offerings

by Jasmine Pennic 05/30/2025 Leave a Comment

Wolters Kluwer Health Acquires IntelliLearn to Expand Online Nursing Education Offerings

What You Should Know:  - Wolters Kluwer Health announced it has acquired IntelliLearn Pty Ltd., a provider of online courseware solutions for nursing schools primarily in Australia and the U.S.. The acquisition will see IntelliLearn become part of Wolters Kluwer’s Health, Learning, Research & Practice (HLRP) business, a recognized leader in nursing education and practice solutions. - The strategic move aims to broaden Wolters Kluwer's range of training modules designed to prepare
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